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Amazon's Prime Day to Test Consumer Demand
The indicator of shopping patterns arrives this year after a period of slow sales for the company and concerns about the economy. Source link
Sex, Drugs and Spreadsheets: Dr. Glazer Treats Wall Street's Addiction Surge
Demand has exploded for Dr. Glazer’s practice, which treats traders, fund managers and bankers who battle mental-health problems. Source link
The Next Challengers Joining Nvidia in the AI Chip Revolution
What to Read Next Source link
China's Reopening Trade Is Fizzling Out
Many U.S. stocks with China exposure have outperformed this year, but recent economic weakness raises the stakes going into earnings season. Source link
New York Times to Close Sports Desk
The news organization will rely on the Athletic for its daily sports coverage, as it seeks to further integrate the publication it bought last year.
The Rapid Rise of Threads Appears to Be Hurting Twitter
Third-party estimates showed Twitter’s traffic falling, while Meta Platform’s new app hit 100 million sign-ups. Source link
U.S. Postal Service Wants to Wrest Business From UPS, FedEx
USPS’s rebranded Ground Advantage offering aims to move packages under 70 pounds across the country at a cheaper price than rivals. Source link
Foxconn Abandons India Chip Venture With Vedanta
The move is a setback to India’s nascent plans to become a semiconductor manufacturing hub. Source link
Europe Is Probing Whether Ozempic Use Raises Risk of Suicidal Thoughts
Ozempic is under review by European drug-safety regulators after they received reports of suicidal thoughts linked to the popular weight-loss drug and another medicine in
EU Approves Data-Transfer Deal With U.S.
The issue has proved a concern for some of the world’s biggest tech companies, including Meta Platforms and Google. Source link